AMZN: rolled this profitable covered call to further days and with higher strike to allow more upside movement.
The $220 strike short call is closed with profit. The new short call is set at $232.5 and to wxpire in 2 weeks time on 31st Oct.
AMZN earnings on 23rd Oct so that will create uncertainty on the direction of the stock.
More upside potential is good for this case and my downside risk of owning the long call optics is already a committed trade.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -2.80 1 | -- Closed |
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- WINTERIN·2025-10-17Love the strategy here! Nice job! [Applaud]LikeReport